James Gibney Donald Trump’s recent Trademaggedon speech has unleashed a lot of “elite” spluttering. He doesn’t understand economics! He gets his facts wrong! His remedies are wildly unrealistic and counterproductive! Which is all true. But just as important was one point where he got some of his facts right, because it highlights the difficulty of talking straight about trade …

  Bloomberg Mark Carney looks poised to repeat a strategy that served him well during the global financial crisis. As the Bank of England governor seeks to stave off any turmoil after Britain’s decision to quit the European Union, he has cited his experience at Canada’s central bank in 2008 as a guide. Acting early to prevent a deeper downturn …

  Bloomberg The biggest banks and insurers in Africa, including Old Mutual Plc and Standard Bank Group Ltd, are temporarily closing operations and evacuating staff after violence between rival political factions in South Sudan’s capital, Juba, left at least 272 people dead. The fighting disrupted operations of Standard’s CfC Stanbic Bank in Juba and action had to be taken to …